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Published in: Journal of Business Economics 5/2017

01-07-2017 | Editorial

Editorial

Authors: Christina Bannier, Wolfgang Breuer

Published in: Journal of Business Economics | Issue 5/2017

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Excerpt

The financial industry has changed tremendously over the last decades. And so has the usage of financial products and services. A large part of this development has been technology-driven, giving rise to the digitalization of the industry with profound changes for established processes and products. Moreover, innovative business models have become possible that, by rendering formerly necessary infrastructure obsolete, have created new markets. Cost-effective ways of processing large sets of information allow the tailoring of services and products that many have found the “analog” banking world wanting. The opportunities of digitalization also pose new demands on employees, market participants, and customers, however. Within the ever-widening gap between automatization on the one hand and customization on the other, the digitally-induced universe of choices can easily become overwhelming, exhausting the capabilities of decision makers at different positions inside and outside the industry. …

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Journal of Business Economics

From January 2013, the Zeitschrift für Betriebswirtschaft (ZfB) is published in English under the title Journal of Business Economics (JBE). The Journal of Business Economics (JBE) aims at encouraging theoretical and applied research in the field of business economics and business administration, promoting the exchange of ideas between science and practice.

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Metadata
Title
Editorial
Authors
Christina Bannier
Wolfgang Breuer
Publication date
01-07-2017
Publisher
Springer Berlin Heidelberg
Published in
Journal of Business Economics / Issue 5/2017
Print ISSN: 0044-2372
Electronic ISSN: 1861-8928
DOI
https://doi.org/10.1007/s11573-017-0856-6

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